Sydbank came to existence in 1970 when four local banks in Southern Denmark merged. Its headquarters are in Aaberaa, Denmark. It operates mainly in Denmark with 5 branches in northern Germany. Sydbank serves retail and corporate clients. Roughly 85 % of their customers are within Denmark and they are offered services like saving accounts, loans, credit cards, pension funds, financing and payment services. It has roughly 2.000 employees.